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2 metrics signal the $1.1T crypto market cap resistance will hold
5.8.2022
Despite a handful of the top-80 coins gaining 12% or more over the past week, Tether's premium in Asia and futures markets activity show buyers lacking confidence
Soaring Inflation Puts Central Banks on a Difficult Journey
5.8.2022
Tobias Adrian is the Financial Counsellor and Director, and Christopher Erceg and Fabio Natalucci are Deputy Directors at the International Monetary Fund (IMF)'s Monetary and Capital Markets Department.__________...
Read More: Soaring Inflation Puts Central Banks on a Difficult Journey
Rainbows, Log Charts, and S2F: Bitcoin’s 2022 Bear Market Has Broken the Community’s Most Popular Price Models
5.8.2022
The 2022 bear market has been brutal as more than $2 trillion in value has been wiped away from the crypto economy. In addition to record values lost, the crypto winter has managed to break a number of popular bitcoin price models like the rainbow price chart and Plan B’s infamous...
Biggest Movers: THETA Hits 3-Month High, While Near Climbs 17% on Friday
5.8.2022
Theta network was trading at its highest point in three months on Friday, as prices broke out of a key resistance level. Today’s move comes as crypto markets were mostly higher in the session, climbing 2.86% as of writing. Near protocol rose by 17%, also recording multi-month highs. Theta...
Bitcoin, Ethereum Technical Analysis: ETH Rebounds on Friday, Climbing Above $1,700
5.8.2022
Ethereum rose above $1,700, while bitcoin snapped a seven-day losing streak on Friday, with prices rebounding in today’s session. The move came ahead of this afternoon’s payrolls report, which is expected to show that 250,000 jobs were added to the U.S. economy in July. Bitcoin Ahead...
Bitcoin and Ethereum Stuck in a Key Range, FLOW Surges Over 50%
5.8.2022
Bitcoin price climbed above the USD 23,000 level and is currently (10:44 UTC) trading near USD 23,160. BTC is up over 1% in a day and down 3% in a week.
Similarly, most major altcoins are trading in a key range. ETH might clear USD 1,680 and start a stronger increase. XRP might struggle to clear...
Crypto bear market will provide ‘excellent’ M&A opportunities: White Rock CEO
5.8.2022
“The sector has been here before and well capitalized and efficient miners will do just fine,” said White Rock CEO Andy Long
US Senators Introduce Bill to Give CFTC Exclusive Jurisdiction Over Digital Commodities Spot Market
5.8.2022
U.S. senators have introduced the “Digital Commodities Consumer Protection Act of 2022” to empower the Commodity Futures Trading Commission (CFTC) “with exclusive jurisdiction over the digital commodities spot market.” Digital Commodities Consumer Protection Act U.S....
Skybridge Estimates Bitcoin’s Fair Market Value at $40K and Ethereum’s at $2,800
5.8.2022
Skybridge Capital’s founder says bitcoin’s fair market value is about $40,000 based on adoption, wallet size, use cases, and growth of wallets. The asset management firm also estimated ethereum’s fair market value at around $2,800. Skybridge Capital on the Fair Values...
Fear of War, Monkeypox Causes Stock and Crypto Markets to Churn While Precious Metal Spike Higher
4.8.2022
Stock and cryptocurrency markets on Thursday saw volatility, after experiencing fluctuations during the tensions between China and Taiwan on Tuesday and Wednesday. Major indexes like the S&P 500, Dow Jones, and NYSE have shed a few percentages today, while the global cryptocurrency market...
Market Wrap: Bitcoin Falls on Lower Volume and Decreased Volatility
4.8.2022
Bitcoin’s ‘Average True Range’ Shows That Markets Have Calmed A Bit
Interview with Kevin O’Leary: $28K Bitcoin next or lower? | Market Talks with Crypto Jebb
4.8.2022
Kevin O'Leary gives his outlook on the current state of the crypto market in this exclusive live interview with Cointelegraph
Building the blockchain industry despite market drops and regulation threats
4.8.2022
Even if crypto regulation comes to America, top crypto investors are not worried as upward of 90% of cryptocurrencies are utilized outside the United States
Biggest Movers: BNB Hits 2-Month High, ETC Extends Recent Declines
4.8.2022
After extending recent gains, bnb rose to its highest point in two months during today’s trading session. The move comes following tweets from Binance CEO Changpeng Zhao, confirming a new partnership with Swiss watchmaker Franck Muller. Ethereum classic, on the other hand, was lower for...
Lido’s market dominance and Ethereum decentralization post-Merge
4.8.2022
Lido’s liquid staking derivative token has over 90% of the Ethereum market share as the network ultimately transitions to proof-of-stake
Bitcoin, Ethereum Technical Analysis: Crypto Markets Down Ahead of Friday’s Nonfarm Payrolls Report
4.8.2022
Bitcoin was trading lower on Thursday, ahead of tomorrow’s monthly nonfarm payrolls (NFP) report. The U.S. labor market has recently shown signs of slowing, following data this week reporting that nationwide job openings had fallen. Ethereum also dropped on the prospect of the NFP report...
Bitcoin and Ethereum Struggle to Clear Hurdles, Altcoins Dip
4.8.2022
Bitcoin price attempted an upside break above the USD 23,500 resistance zone. BTC struggled to gain momentum and declined below USD 23,000. It is currently (11:40 UTC) trading near USD 22,900 and is down over 2% in a day and is unchanged in a week.
Similarly, most major altcoins are also moving...
USD 6.8B Pension Fund to Invest in Crypto Lending Market
4.8.2022
Indicating that some major financial players have not been scared away from cryptoassets by the ongoing market downturn, the Fairfax County Retirement Systems, a US pension fund with assets totaling USD 6.8bn, has unveiled it is looking to invest in crypto lending markets to ramp up...
Speculators and Crypto Traders Blamed for Naira’s Plunge, Kenyan Institutions Told to End Dealings With Nigerian Fintechs, CAR Token Sale off to Slow Start
4.8.2022
In this week’s Africa news highlights, the Nigerian central bank blames speculators for causing the local currency’s plunge to a new all-time low on the parallel market. In Kenya, the central bank has told financial institutions to cease having dealings with two Nigerian fintechs...
DeHub Makes History By Announcing New $1 Million NFT Raffle
4.8.2022
PRESS RELEASE. As inflation soars & opportunities begin to diminish, an increasing number of individuals all over the world are turning to raffles, lotteries & other gambling endeavors as their only means of escape. The problem is, there is no way to prove beyond any doubt that any on...